The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-01-10
CONDITION OF THE MARKETS.
Wheat Quiet, with Small Business at
Practically Unchanged Prices.
Light Trading in Corn, with No Fluctuations
Worth Mentioning Steadier, the
Market Showing Increased Strength.
MONEY. BONDS AND STOCKS.
The Market Unusually Quiet, with Some Inn
provement Late in the Day.

The Market Unusually Quiet, with Some Inn
provement Late in the Day.
NEW YORK, Jan. money of call was easy at 3
O6 per cent, closing at g.
Prime mercantile paper, 607 per cent.
Sterling exchange was steady and unchanged
The total sales of stock to-day 1913. 10 shares
including the following Delaware Laekawanna &
Western. $4,000; Erie, 300; Missouri, Kansas &
Texas, 1915 Lake Shore 800; Louisville & Nash
VILE 3745; New Jersey Central, 20, 600; Peoria. De-
catur g. Evansville. 1905; Reading, So 24O; ST. Paul
300; st. Paul & Omaha $3.50; Texas & Pacific, as
fessment paid, $3.50; Union Pacific. 1926 Western
Union, 7,462.
Government bonds were dull but firm.
State bonds were quiet and steady.
The stock market was unusually quiet there being
very little desire to trade, among the profess
SIGNALS and room traders. The movements in prices
except in three or four stocks sluggish and en-
shorts in the early morning which impaired tone
OF strength to the dealings for short time aided by
the sudden strength displayed by Consolidated Gas
When the demand of the shorts ceased DISPOSE
ton shown to await the bank statement, which,
proving unusually favorable stimulated buying to
q small extent. but the movement soon ceased.
Kansas & Texas was O notably weak feature late in
the day, upon the decision of the Barry suit against
the company. The coal stocks the leaders of
the general market but made important changes.
The day being Saturday there very little foreign
trading and dealings were almost entirely confined to
changes from last evenings final quotations being
for Insignificant fractions only. The trading
was very dull, except in the coal stocks and
Richmond & West Point. Consolidated Gas was re-
markably strong and the remainder followed slowly
The market became dull before the end of the first
hour, and generally heavy with the exception of Pc
pria, Decatur & Evansville and Consolidated Gas.
There some Improvement in the general list after
but the later advance lost, Kansas & Texas
becoming extremely weak. Prices moved both ways
In the last hour and the market finally closed heavy
to weak, close to the opening figures. Sales, 1913 no
shares; Reading furnished SO, 24O Richmond g. West
Point 23.535. Jersey Central O6OO, and Lacka-
wanna Ia 600 shares. Most stocks have advanced
small fractions, though Norfolk G. Western preferred
is up per cent.
There a moderate business in railroad bonds,
the features of which the weakness in the Kan
sas and Texas SKIES and ives in consequence of the de-
csion against the company and the strength in the
Lake Erie & Western. and Lafayette, Bloomington &
Muncie incomes, upon the prospects of those
ties under the reorganization of the Lake Erie &
Western company. Kansas & Texas skies showed
most activity, their sales being $175, 900
out of total days business of ST 376 900. Prices
we're generally firm throughout the day. and final quo
tations in many cases show material advances Nick
slplate seconds pa. to 72i4 Wabash St. Louis
division. sevens 2, to lOS Great Western seconds g.
10 101; Lake Erie & Western incomes SIS to So
Lafayette. Bloomington s. Munce incomes, 5, to So
Closing quotations were: